Post by
forecast123 on Jan 11, 2022 12:10pm
What led to 2.80$ (@81.03$ now) increase in WTI price today
Know that oil is in uptrend.. But any specific news or events causing this huge increase in WTI price in one day ?
Comment by
israuc on Jan 11, 2022 12:31pm
Oil Prices Jump Over 3% Ahead Of Inventory Data https://oilprice.com/Energy/Oil-Prices/Oil-Prices-Jump-Over-3-Ahead-Of-Inventory-Data.html
Comment by
Cobalt on Jan 11, 2022 12:33pm
Jay Powell infront of congress today " A long way to normal" last week markets were flipping out over a faster pace today "A long way to normal"
Comment by
red2000 on Jan 11, 2022 12:37pm
I have the same question couple of weeks ago in december when the WTI drop under 72$ !!! I hope the WTI price stabilize at this level !!! Too much volatility is not our best arm ! I dream come thru if WTI never look back under 75$ ! Only my O !
Comment by
Cobalt on Jan 11, 2022 12:46pm
That drop was Omicron before we knew it was much weaker then Delta and may even turn out for the better rip through the population fast and weak giving us some herd immunity , still one bear in the room how much will China lock down over Omicron be buying the dip if they do